Pound Sterling Price News and Forecast: GBP/USD edges up as stalled Iran talks keep markets on edge

GBP/USD edges up as stalled Iran talks keep markets on edge

GBP/USD registers modest gains during the North American session on Monday, up by 0.19%, as US-Iran talks stalled, while market mood remains fragile, as reflected in US equity markets trading lower. The pair trades at 1.3548, after bouncing off daily lows of 1.3506. Read More…

GBP/USD edges higher as softer US Dollar, cooler UK inflation temper policy uncertainty

GBP/USD trades around 1.3565 on Monday, up 0.23% on the day, supported by a weaker US Dollar (USD) amid improving risk appetite. The pair benefits from renewed optimism linked to geopolitical developments in the Middle East, as reports indicate an Iranian proposal aimed at reopening the Strait of Hormuz and ending the conflict with the United States (US). Read More…

GBP/USD Price Forecast: Bulls likely to target 1.3600 as USD weakens on US-Iran peace hopes

The GBP/USD pair attracts some dip-buyers in the vicinity of the 1.3500 psychological mark and climbs to over a one-week top during the Asian session on Monday. Spot prices currently trade just below mid-1.3500s, up 0.10% for the day, and seem poised to appreciate further. Read More…